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At least in my circle the people screaming the loudest for his head are the same people that are adamantly opposed to any government regulation of crypto. I thi
by cageface 4y ago
At least in my circle the people screaming the loudest for his head are the same people that are adamantly opposed to any government regulation of crypto. I think they're just mad that SBF spoiled their get rich quick scheme.
- plsbenice34 4y agoHe was pushing for absurd regulations himself, such as KYC for front-ends of decentralised exchanges, so it is no surprise that they weren't his fan. More importantly, people who are in those groups tend to be aware how much he stinks of government corruption given his family ties, religion etc. - so it has always been assumed that he will get unfair treatment - and now it is seemingly turning out to go as expected. He is part of 'the establishment' that acted against the interests of the space. Regulations are also seen as only protecting the interests of the traditional financial system rather than actually protecting people; that's exactly how it seems to go so far
- maxbond 4y ago> More importantly, people who are in those groups tend to be aware how much he stinks of government corruption given his [...] religion... He "stinks of corruption" in part because he's Jewish? How am I meant to interpret this as anything other than bigotry?
- cageface 4y agoHow is it turning out as to be expected? He's being prosecuted and faces a very severe sentence if convicted.